Shivalik Bimetal Controls Limited recommended a dividend @35% i.e. INR 0.70 per equity share of INR 2/- each for the financial year ended March 31, 2023, subject to the approval of the shareholders at the forthcoming Annual General Meeting of the Company. The above dividend, if declared, by the Shareholders at the forthcoming Annual General Meeting (AGM), will be credited /dispatched within 30 days from the date of AGM.